UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

 

 

FORM 8-K

Current Report

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934


Date of Report (Date of earliest event reported): July 19, 2016

 

OCWEN FINANCIAL CORPORATION
(Exact name of registrant as specified in its charter)

Florida 1-13219 65-0039856

(State or other jurisdiction

of incorporation)

(Commission File Number) (IRS Employer
Identification No.)

 

1661 Worthington Road, Suite 100

West Palm Beach, Florida 33409
(Address of principal executive offices)

 

Registrant’s telephone number, including area code: (561) 682-8000

 

Not applicable.

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

  o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
     
  o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
     
  o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
     
  o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

Item 7.01      Regulation FD Disclosure.

 

On July 19, 2016, following receipt of payments in connection with sales of mortgage servicing rights, Ocwen Financial Corporation (the "Company") paid down approximately $26.3 million of its senior secured term loan. Following the pay down, the Company has approximately $342.7 million outstanding under its senior secured term loan.

 

The information contained under Item 7.01 in this Current Report is being furnished and, as a result, such information shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

 
 

 SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. 

     
 

OCWEN FINANCIAL CORPORATION

(Registrant)

   
Date: July 19, 2016  By:   /s/ Michael R. Bourque, Jr.
    Michael R. Bourque, Jr.
   

Chief Financial Officer

(On behalf of the Registrant and as its principal financial officer)